Ovintiv OVV
NYSE OVV
$64.38 +0.28 (+0.44%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ovintiv (OVV) Tax Rate (2018 - 2026)

Ovintiv (OVV) posted Tax Rate of 15.4% for Q2 2026, down 35.36% on a QoQ basis from 23.82% in Q1 2026, and down 766.0% year-over-year from 2.31% in Q2 2025.

Analysis

Ovintiv (OVV) Tax Rate (2018 - 2026) Analysis & Trends

Ovintiv has reported Tax Rate for 9 years, with the latest figure at 15.4% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 766.0% year-over-year to 15.4% in Q2 2026; TTM through Jun 2026 was 89.32%, a 11119.0% decrease from a year earlier, with the FY2025 full-year figure at 38.85%, down 5558.0% from the prior year.
  • Tax Rate was 15.4% for Q2 2026 at Ovintiv, down from 23.82% in the prior quarter.
  • The five-year high for Tax Rate was 40.59% in Q4 2024, with the low at 70.26% in Q4 2025.
  • Average Tax Rate over 5 years is 9.09%, with a median of 18.16% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate surged 13436 bps in 2022, then plunged 11085 bps in 2025.
  • Over 5 years, Tax Rate stood at 20.27% in 2022, then soared by 198 bps to 19.78% in 2023, then jumped by 105 bps to 40.59% in 2024, then plunged by 273 bps to 70.26% in 2025, then soared by 122 bps to 15.4% in 2026.
  • The last three Tax Rate figures came in at 15.4% (Q2 2026), 23.82% (Q1 2026), and 70.26% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn 35.37%
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn 18.22%
3 Eog Resources 77.26 Bn 72.36 Bn - 22.15%
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn 22.01%
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn 22.36%
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn 22.32%
7 Permian Resources 19.81 Bn 19.55 Bn - 21.99%
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 15.40%
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn 18.32%
10 Antero Resources 12.13 Bn 11.56 Bn 1.56 Bn 21.62%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.40%
Mar 31, 2026 23.82%
Dec 31, 2025 -70.26%
Sep 30, 2025 22.92%
Jun 30, 2025 23.06%
Mar 31, 2025 -22.28%
Dec 31, 2024 40.59%
Sep 30, 2024 9.14%
Jun 30, 2024 27.04%
Mar 31, 2024 21.03%
Dec 31, 2023 19.78%
Sep 30, 2023 16.54%
Jun 30, 2023 23.11%
Mar 31, 2023 20.55%
Dec 31, 2022 -20.27%
Sep 30, 2022 6.91%
Jun 30, 2022 4.57%
Mar 31, 2022 2.03%
Dec 31, 2021 -0.14%
Sep 30, 2021 -1.41%